Lori E. Benner

Senior Accountant

Lori began working at Canon Capital in September 2022, bringing over 30 years of experience in corporate and partnership tax preparation and financial statement review. Lori earned her BS in Business Administration from Kutztown University and is a member of PSTAP (Pennsylvania Society of Tax and Accounting Professionals). A Perkasie resident, she relaxes by paddleboarding, doing yoga, baking, gardening, and hiking. Lori also enjoys spending time with her son, Collin, and her two mini Goldendoodles, Reilly and Chewie.

Elm Terrace Gardens Technical Support Request

The web based support form is no longer in use. Please use the green IT button on your Windows desktop or system tray to submit a support request. If you do not have the green IT button, please give us a call at 215-723-4881, extension 800, and we will be happy to assist you.

QuickBooks Desktop is Going Away: Now What?

Intuit has recently announced the eventual phasing out of the desktop versions of its QuickBooks accounting software. After July 31, 2024, Intuit will no longer issue new subscriptions to these QuickBooks Desktop products:

  • QuickBooks Desktop Pro Plus
  • QuickBooks Desktop Premier Plus
  • QuickBooks Desktop Mac Plus
  • QuickBooks Desktop Enhanced Payroll

Existing users of these products can continue renewing their subscriptions and will receive support and security updates after July 31, 2024. The final sunset date has not yet been shared by Intuit.

 Why move to QuickBooks Online now?

We recommend you make the move to QuickBooks Online sooner rather than continuing with your Desktop version. The advantages of working in cloud-based accounting software outweigh the learning curve.

Increased efficiency

With available online automated accounting services, the information in QuickBooks Online is timely, accurate, and always at hand. From an accounting perspective, this gives you more time to work on your business and allows your CPA to be involved at a higher level to provide guidance as needed.

Increased protection

Using the online version of QuickBooks gives you greater protection from these cyber threats:

  • Data breaches: older software has inadequate safeguards to detect malicious behavior.
  • Fines and denied insurance claims: Cyber Insurance onboarding questionnaires will ask if you are running any software that would be considered “end of support.” Likewise, government compliance standards all require affirming a statement that you are not running any end-of-life or end-of-support software.
  • Extended downtime: due to lack of vendor support as well as data breach or corruption

A cloud-hosted application like QuickBooks Online will avoid these risks, providing:

  • New features and security enhancements
  • Typically have a 99.8% uptime guarantee
  • Known and consistent costs for budgeting purposes
  • Hardware requirements are minimal.
  • Changes that are spread out over time.

Added Benefits

Making the transition from QuickBooks Desktop to QuickBooks Online is a seamless process. After creating the QuickBooks Online account, your most recent desktop data file would be migrated to the new platform. This process will take approximately 24 hours. It may take more or less time, depending on the size of the file being migrated.

After that, you can start enjoying the benefits of using cloud-based software:

  • Secured Storage that Remains Compliant
  • Access From Anywhere
  • Faster Processing
  • Centralized Tasks
  • Real Time Transactions
  • Integration
  • Access to mobile apps for mileage, expenses, etc.

Where do we go from here?

If you’d like to learn more about using QuickBooks Online, our recent webinar provides greater detail in preparing for this change. We recommend viewing the webinar in its entirety.

One source, many services, the right decision.

If you have questions about next steps or if we can be of service, please contact us online or call 215-723-4881.

Computer Recycling Program

In an effort to support our environment, provide our customers with a cost-effective, easy way to dispose of their unused computer equipment and comply with local equipment disposal laws, we are announcing a new computer equipment recycling program. Here’s how it works:

At your request, we will recycle your used computer equipment for you. Computers will have their hard drives rendered inoperable (so that there is no possibility of anyone extracting data from them). We will then transport your equipment to a certified computer equipment recycling center for proper disposal.

To encourage as much participation in this program as possible, we are keeping the fee for this service to a minimum. To have your computers recycled, simply:

  1. Complete the form below, indicating the quantity of each item to be recycled
  2. Drop your equipment off at our office (along with this form), or give your equipment to one of our staff persons when they are at your office for another engagement
  3. We will send you an invoice for the service fee

Computer Equipment Recycling Program (PDF)

Rebecca Alderfer

Administrative Assistant

Becky joined Canon Capital in 2002. Prior to Canon Capital, she worked for an auto dealership and computer software company. She attended Montgomery County Community College for business. She resides in Tylersport with her husband and they have three children and nine grandchildren. Becky is active in her church and enjoys making crafts and baking. She also loves to take her vacations in Duck, North Carolina.

Canon Capital Management Group Names Chuck Porter, Jr., Co-Director of Wealth Management

We proudly announce the promotion of Chuck Porter, Jr., to Co-Director of Wealth Management.

Chuck joined Canon Capital in 2006 and has been working as a Senior Investment Advisor. In 2018, he was admitted to the company as a shareholder.

Chuck will serve alongside Co-Director Patricia Webb in developing strategic initiatives, guiding the delivery of exceptional client service, and fostering continued growth for the Wealth Management unit.

“We couldn’t be more thrilled to welcome Chuck into this new, well-deserved role,” said Webb. “With his exceptional expertise and unwavering commitment to our clients, I am confident that his passion for our company’s success will bring new dimensions to our team and further elevate our standards.”

Porter is an Accredited Investment Fiduciary who earned a degree in Economics with an emphasis in Personal Financial Service from Widener University.  Porter has also earned a Certificate in Financial Management for the Family Office from Pepperdine University’s Graziadio School of Business and Management.

“As I step into this new role, I’m deeply committed to ensuring that our firm is positioned not only for growth but for sustained success over the long haul.  I could not have reached this milestone without the unwavering support and dedication of our remarkable team of advisors and support staff. Together, we are poised to achieve great things, and I’m excited to continue serving you with the same level of commitment and care,” said Porter.  “I also want to assure my clients that this promotion doesn’t equate to a change of advisor for them. I remain dedicated to serving in an advisory capacity, just as before.”

Services: Let’s Get Started

Accounting

Our team of certified public accountants, certified management accountants, and chartered global management accountants work with you to understand your goals – personal and business.

Payroll

You didn’t start a business to run a payroll company. We stay up-to-date on the latest tax rates and payroll practices so you don’t have to. Our efficient, cost-effective payroll services allow you to continue working on your business goals.

Wealth Management

We work with business owners and personal investors to provide unbiased advice and clear expectations on investment choices.  We work with companies to develop successful retirement plans, such as 401(k) and 403(b) plans, helping employees reach their retirement goals.

Technologies

We take the worry out of your computer system management. From cyber threat management to data back-up, we work with you to address your concerns and make sure your systems are working for you.

Canon Capital Technical Support Request

The web based support form is no longer in use. Please use the green IT button on your Windows desktop or system tray to submit a support request. If you do not have the green IT button, please give us a call at 215-723-4881, extension 800, and we will be happy to assist you.

Welcome the Newest Members of the Canon Capital Management Group Team

Please welcome Andrew Stein and Cherie Strozzieri, who have joined the Canon Capital Management Group team within the last few months.

Andrew SteinAndrew Stein’s financial services industry expertise is demonstrated in his advisory role with clients regarding their investments and planning, ranging from asset growth to retirement income planning. Mentoring is a priority for Andrew, who spends his time outside of work helping to facilitate local sports camps with the Fellowship of Christian Athletes.

 

 

 

Cherie Strozzieri brings extensive experience in corporate, non-profit, and private sector accounting services. She is also a Certified QuickBooks Pro Advisor. In her spare time, she enjoys spending time with family and friends as well as volunteering time to various philanthropic endeavors.

 

 

 

Learn more about our team and how they can be of service to you.

Client Technical Support Request

The web based support form is no longer in use. Please use the green IT button on your Windows desktop or system tray to submit a support request. If you do not have the green IT button, please give us a call at 215-723-4881, extension 800, and we will be happy to assist you.